United States Steel Corp

United States Steel Corp., the largest U.S. steelmaker, said it had second-quarter earnings of 28 cents a share as revenue rose. Net income was $27 million, contrasted with a net loss of $30 million, or 34 cents a share, a year earlier. Sales rose 4% to $1.81 billion. Pittsburgh-based U.S. Steel has been helped by rising steel prices because tariffs imposed in March have lessened competition from imports.

United States Steel Corp.'s fourth-quarter earnings soared as strong pipe sales and an acquisition-related gain boosted results, but the steel maker forecast an operating loss in the current quarter because of the global economic slowdown. The Pittsburgh-based company -- the largest U.S.-based steel producer -- said its net income jumped to $308 million, or $2.65 a share, from $35 million, or 29 cents, a year ago. The earlier quarter included charges totaling $117 million, or 98 cents a share.

United States Steel Corp. posted a sharp decline in fourth-quarter profit on lower steel prices and volume as well as an accounting change related to its Slovak operation that resulted in a one-time charge of $35 million. Including the accounting change, net income slid 76% to $109 million, or 85 cents a share, from $451 million, or $3.46, a year earlier.

United States Steel Corp.'s quarterly profit more than tripled as higher prices led to record gains in its tubular and flat-rolled steel businesses, but the company warned that softening demand in North America and Europe would hurt results for the rest of the year. U.S. Steel Chief Executive John P. Surma said the Pittsburgh-based company turned in the most profitable quarter in its history, but warned that fourth-quarter results would decline because of "the volatile global economic climate."

United States Steel Corp., the nation's largest steelmaker, said it is discussing a possible business combination with Texas Oil & Gas Corp., one of the nation's largest independent natural gas producers. An acquisition at $25 a share for Texas Oil & Gas' 210 million common shares outstanding would make the deal worth $5.2 billion. U.S. Steel spokesman William H. Hoffman Jr. said no agreement has been reached, but he declined further comment.

United States Steel Corp., the largest U.S. integrated steelmaker, reported a fourth-quarter profit after a loss a year earlier, citing robust worldwide steel prices and tight supplies. The Pittsburgh-based company posted earnings of $462 million, or $3.55 a share, compared with a net loss of $22 million, or 26 cents, in the same quarter of 2003, when it was hurt by expenses for retiree pension and healthcare costs. Fourth-quarter revenue soared to $3.93 billion from $2.

United States Steel Corp., the nation's largest integrated steel maker, reported a first-quarter net loss on weak prices but forecast a profitable 2002 based on a better outlook for prices and shipments. The loss was $89 million, or 93cents a share, compared with year-earlier net income of $9 million, or 10 cents. Sales fell 8.3% to $1.43 billion, the Pittsburgh-based company said. U.S.

pittsburgh -- United States Steel Corp. is buying Canadian steel maker Stelco Inc. for about $1.1 billion in a move expected to bolster the American company's position as a supplier to the North American automotive industry. Pittsburgh-based U.S. Steel said Stelco's Lake Erie and Hamilton plants would supply finishing facilities for flat-rolled steel -- used in the auto and appliance industries -- and tubular steel used mostly in the energy sector. With the acquisition, U.S.

United States Steel Corp.'s quarterly profit more than tripled as higher prices led to record gains in its tubular and flat-rolled steel businesses, but the company warned that softening demand in North America and Europe would hurt results for the rest of the year. U.S. Steel Chief Executive John P. Surma said the Pittsburgh-based company turned in the most profitable quarter in its history, but warned that fourth-quarter results would decline because of "the volatile global economic climate."

United States Steel Corp.'s fourth-quarter earnings soared as strong pipe sales and an acquisition-related gain boosted results, but the steel maker forecast an operating loss in the current quarter because of the global economic slowdown. The Pittsburgh-based company -- the largest U.S.-based steel producer -- said its net income jumped to $308 million, or $2.65 a share, from $35 million, or 29 cents, a year ago. The earlier quarter included charges totaling $117 million, or 98 cents a share.

Indiana is moving to scale back limits on pollutants dumped into a Lake Michigan tributary by the sprawling U.S. Steel Corp. mill in Gary, according to environmental lawyers and former federal regulators who have reviewed a proposed water permit.

pittsburgh -- United States Steel Corp. is buying Canadian steel maker Stelco Inc. for about $1.1 billion in a move expected to bolster the American company's position as a supplier to the North American automotive industry. Pittsburgh-based U.S. Steel said Stelco's Lake Erie and Hamilton plants would supply finishing facilities for flat-rolled steel -- used in the auto and appliance industries -- and tubular steel used mostly in the energy sector. With the acquisition, U.S.

United States Steel Corp. posted a sharp decline in fourth-quarter profit on lower steel prices and volume as well as an accounting change related to its Slovak operation that resulted in a one-time charge of $35 million. Including the accounting change, net income slid 76% to $109 million, or 85 cents a share, from $451 million, or $3.46, a year earlier.

United States Steel Corp., the largest U.S. integrated steelmaker, reported a fourth-quarter profit after a loss a year earlier, citing robust worldwide steel prices and tight supplies. The Pittsburgh-based company posted earnings of $462 million, or $3.55 a share, compared with a net loss of $22 million, or 26 cents, in the same quarter of 2003, when it was hurt by expenses for retiree pension and healthcare costs. Fourth-quarter revenue soared to $3.93 billion from $2.

U.S. Steel Corp., the biggest U.S. steelmaker, said it had a fourth-quarter loss because of costs to pay retirees, fire workers and payments related to stock options. The loss was $22 million, or 26 cents a share, contrasted with net profit of $11 million, or 10 cents, a year earlier. Sales rose 41% to $2.68 billion, helped by the acquisition of National Steel Corp., the company said.

U.S. Steel Corp. posted a third-quarter loss, its biggest in more than a decade, because of $432 million in expenses to pay retirees, fire workers and write down assets. The net loss was $349 million, or $3.42 a share, compared with net income of $106 million, or $1.04, a year earlier, the Pittsburgh-based company said. Sales rose 32% to $2.5 billion. Shares of U.S. Steel rose $1.19, or 5.7%, to $22.03 on the NYSE. From Bloomberg News

United States Steel Corp. posted a better-than-expected quarterly profit, reversing a year-earlier loss, helped by federal tariffs on imports and strong demand from the auto industry. Domestic steel prices soared this year, in part because President Bush imposed tariffs on a range of imports in an effort to prop up the ailing industry. Prices also got a lift from a falloff in U.S.